Bayonet Point, FL is a small city located in Pasco County, Florida. It is home to many different types of businesses such as restaurants, shopping stores, and service companies. The 2 bedroom rent in Bayonet Point is slightly lower than the average 2 bedroom rent in the United States at $1,420 compared to $1,430 respectively. The cost of living is also lower in Bayonet Point with a Grocery Cost Index of 102 versus 100 nationally. This makes living in Bayonet Point an attractive option for those looking for an affordable place to live without sacrificing amenities. Many local companies are based out of Bayonet Point such as Robert's Grocery & Deli, X-Treme Media Solutions and M&K Jeans Boutique. Overall, Bayonet Point is a great place to live due to its affordability and wide range of services offered by local companies.
Bayonet Point has an unemployment rate of 5.0%. The US average is 6.0%.
Bayonet Point has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 44.3%, which is higher than the US average of 33.5%.
Tax Rates for Bayonet Point
- The Sales Tax Rate for Bayonet Point is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Bayonet Point is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Bayonet Point
- The average income of a Bayonet Point resident is $18,958 a year. The US average is $28,555 a year.
- The Median household income of a Bayonet Point resident is $39,870 a year. The US average is $69,021 a year.